You decided to take a fixed rate mortgage for 250000 the, Ask an Expert

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You decided to take a fixed rate mortgage for $250,000. The loan is fully amortizing, 30 year term, and has a 4% rate. If you hold this loan until maturity, how much interest will you pay over the lifetime of this mortgage? Round your answer to the nearest cent.

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Financial Management, Finance

Category:- Financial Management
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